We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Lycos posts £8 million profit

Positive three months for Net portal

It's not all doom and gloom in the New Economy.

Lycos is reporting strong results for its fiscal fourth quarter, which ended 31 July.

In a statement, the company said net profit for the quarter was £8 million, excluding one-off events.

For the same period last year, the company posted a net loss of £2 million.

The company said that its planned merger with Terra Networks SA, the Internet subsidiary of Spain's Telefónica SA, should be completed in October.


IDG UK Sites

Samsung Galaxy S6 review: Hands-on with the new Samsung Galaxy. Samsung's flagship is more iPhone-lr......

IDG UK Sites

5 things we hate about MWC: What it's like to be a journalist at a technology trade show

IDG UK Sites

Ractive powers The Guardian's interactive infographics – and lets novice coders build complex...

IDG UK Sites

What does that mean? A jargon-buster dictionary of tech terms for Apple fans